Onur Bayar, assistant professor of finance, holds a Ph.D. in finance from Boston College, an M.S. in financial economics from Carnegie Mellon University, and a B.S. in industrial engineering. His research focuses on theoretical and empirical corporate finance with emphasis in IPOs, mergers & acquisitions, capital structure, entrepreneurial finance and venture capital and market microstructure. Dr. Bayar currently teaches Intermediate Corporate Finance (FIN 3023) and Entrepreneurial Business Finance (FIN 5853).
» Corporate finance, security issuance, capital structure
» IPOs, mergers and acquisitions
» Entrepreneurial finance and venture capital
» Market microstructure
“IPOs Versus Acquisitions and the Valuation Premium Puzzle: A Theory of Exit Choice by Entrepreneurs and Venture Capitalists,” with Thomas J. Chemmanur, Journal of Financial and Quantitative Analysis, forthcoming in 2011.
“A Theory of Equity Carve-Outs and Negative Stub Values under Heterogeneous Beliefs,” with Thomas J. Chemmanur and Mark Liu, Journal of Financial Economics, Vol. 100, 2011, pp. 616-638.
“Going Private and Leveraged Buyouts,” in The Art of Capital Restructuring: Creating Shareholder Value Through Mergers and Acquisitions. Hoboken, NJ: Wiley, 2011, p. 419.